The launch of a Litecoin ETF stays unknown, because the US Securities and Exchange Commission (SEC) has delayed its resolution on Canary Capital’s submitting to supply one. The Commission additionally revealed deadlines for feedback and rebuttals on the submitting.
US SEC Holds Off On Litecoin ETF Decision
In an X post, Journalist Eleanor Terrett revealed that the Commission has delayed making a choice on Canary Capital’s LTC ETF. Following this transfer, the company is now looking for a choice on whether or not Nasdaq’s proposal to checklist the ETF complies with regulatory necessities. Comments are due by May twenty sixth whereas rebuttals are due by June ninth.
Disclaimer: The introduced content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.